Is RIOT or SBET more undervalued in 2026?

CirclFi compares Riot Platforms, Inc. (RIOT) and SharpLink, Inc. (SBET) using 13 institutional-grade valuation models. RIOT has a Quality of Company score of 5.7/10 while SBET scores 5.5/10.

Which is a better buy — RIOT or SBET?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do RIOT and SBET valuations compare?

RIOT at $27.74 and SBET at $6.08 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

RIOT vs SBET Valuation Comparison 2026 — Intrinsic Value Analysis

RIOT

Capital Markets

Riot Platforms, Inc.

Quality

5.7

out of 10

Value Trap

SAFE

Price

$27.74

Last close

Models

13/13

Active

SBET

Capital Markets

SharpLink, Inc.

Quality

5.5

out of 10

Value Trap

SAFE

Price

$6.08

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	RIOT Fair Value	RIOT Upside	SBET Fair Value	SBET Upside
Bayesian DCF	Intrinsic	$9.54	-65.6%	$1.25	-79.4%
Earnings Power Value	Intrinsic	$4.27	-76.9%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$2.99	-89.2%	$4.67	-23.2%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for RIOT vs SBET — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

RIOT vs SBET — Which Stock Is More Undervalued?

RIOT scores higher with a 5.7/10 quality rating vs SBET's 5.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Riot Platforms, Inc. (RIOT) and SharpLink, Inc. (SBET) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

RIOT currently trades at $27.74 with a QOC of 5.7/10, while SBET trades at $6.08 with a QOC of 5.5/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).